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1547 AND HARRISON STREET ACQUIRE DRFORTRESS – HAWAII’ S LEADING CARRIER-NEUTRAL DATA CENTRE
fifteenfortyseven Critical Systems Realty( 1547) and leading investment management firm Harrison Street have acquired DRFortress – Hawaii’ s largest carrier-neutral data centre.
Under previous operator GI Partners, DRFortress has nearly doubled its colocation capacity, strengthening its leadership in Hawaii’ s digital infrastructure landscape. The new partnership between 1547 and Harrison Street aims to build on that legacy, supporting DRFortress’ continued growth.
“ Hawaii serves as a strategic gateway for connectivity in the Pacific and DRFortress has established itself as a vital interconnection hub for businesses and global networks alike,” said J. Todd Raymond, CEO & Managing Director, 1547.
“ By bringing DRFortress into our connectivity-focused platform, we’ re expanding customer access to cloud providers, submarine cable systems and international markets – while maintaining its carrier-neutral foundation and continuing to scale to meet growing demand.”
The existing DRFortress leadership team will remain in place following the acquisition.
“ Investing in essential digital infrastructure that meets the growing demand for secure, high-capacity interconnection is core to our strategy,” said Michael Borchetta, Managing Director, Harrison Street.
“ Over the past five years, we’ ve been proud to support DRFortress’ growth as Hawaii’ s leading interconnection hub,” said Mark Prybutok, Managing Director and Head of Data Infrastructure, GI Partners.”
meeting the increasing need for such facilities in many African countries. Raxio is currently developing a data centre network in countries including Ethiopia, Mozambique, the Democratic Republic of Congo, Côte d’ Ivoire, Tanzania, and Angola.
The investment from the IFC adds to previous financial backing from other organisations like Proparco and the Emerging Africa Asia Infrastructure Fund( EAAIF), as well as investments from Roha Group and Meridiam. The IFC’ s funding also includes special support aimed at promoting equality and supporting development in poorer nations.
Raxio’ s data centres use renewable energy where possible and employ energy-efficient technology to reduce the use of electricity and water for cooling.
Africa’ s digital landscape is set for a significant boost as Raxio Group, a leading data centre company in Sub- Saharan Africa, has secured a substantial US $ 100 million boost from the International Finance Corporation( IFC), part of the World Bank.
The US $ 100 million investment will enable Raxio to double its number of high-quality data centres within the next three years,
WORLD BANK INVESTMENT FUELS RAXIO’ S PLAN TO BOOST AFRICA’ S DATA CENTRE MARKET
For example, in the Democratic Republic of Congo, Raxio’ s facility in Kinshasa is designed to handle the growing demand for digital services in one of Africa’ s largest cities. The company is also creating a central digital hub in Côte d’ Ivoire, to serve French-speaking West Africa.
“ Raxio’ s business model shows how digital infrastructure can empower businesses, governments and communities to thrive in the digital economy,” said Sarvesh Suri, IFC Regional Industry Director, Infrastructure and Natural Resources in Africa.”
Robert Skjødt, CEO of Raxio Group, said:“ It [ the funding ] will allow us to bring critical infrastructure to the regions that need it most and attract further investment as we continue to grow.”
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